Ratio Revelations: ATRenew Inc ADR (RERE)’s Financial Metrics in the Spotlight

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ATRenew Inc ADR (NYSE: RERE) closed the day trading at $3.37 down -3.16% from the previous closing price of $3.48. In other words, the price has decreased by -$3.16 from its previous closing price. On the day, 0.57 million shares were traded. RERE stock price reached its highest trading level at $3.4352 during the session, while it also had its lowest trading level at $3.31.

Ratios:

For a better understanding of RERE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.78 and its Current Ratio is at 3.19. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on July 15, 2021, initiated with a Buy rating and assigned the stock a target price of $20.

On July 14, 2021, Goldman started tracking the stock assigning a Buy rating and target price of $20.80.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RERE now has a Market Capitalization of 771524416 and an Enterprise Value of -1708027520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at -0.105 whereas that against EBITDA is -4.709.

Stock Price History:

The Beta on a monthly basis for RERE is -0.06, which has changed by 0.8415301 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, RERE has reached a high of $3.70, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is 15.75%, while the 200-Day Moving Average is calculated to be 26.70%.

Shares Statistics:

Over the past 3-months, RERE traded about 848.83K shares per day on average, while over the past 10 days, RERE traded about 1301410 shares per day. Shares short for RERE as of 1740700800 were 319484 with a Short Ratio of 0.38, compared to 1738281600 on 280693. Therefore, it implies a Short% of Shares Outstanding of 319484 and a Short% of Float of 0.27999999999999997.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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